Current Affairs Quiz-September, 2020

Notes:
Minister of State for Shipping Mansukh Mandaviya has recently launched ‘SAROD-Ports’ (Society for Affordable Redressal of Disputes – Ports).
SAROD-Ports is established under Societies Registration Act and aims to resolve the disputes with the panel of technical experts as arbitrators. It is expected to save legal expenditure and time. This works similar to the SAROD-Roads constituted by NHAI.

Notes:
Jeff Bezos – the Chief Executive and co-founder of Amazon has topped Forbes’ list of richest Americans. He has been the richest American as per the Forbes’ list for 3 times in a row.
He is followed by Microsoft co-founder Bill Gates. As per the Forbes and Bloomberg Billionaires Index, Jeff Bezoz became the first person whose net worth rose to over USD 200 billion.

Notes:
The Union Finance Minister Nirmala Sitharaman has announced the performance of Public Sector Banks (PSBs) under EASE Banking Reforms Index 2.0. EASE stands for “Enhanced Access and Service Excellence”.
Bank of Baroda, State Bank of India, and erstwhile Oriental Bank of Commerce were the top three in the list of “Top Performers”. Bank of Maharashtra, Central Bank of India and erstwhile Corporation Bank were the leading banks in ‘Top Improvers’ category.

Notes:
The Ministry of Housing and Urban Affairs (MoHUA) has launched the Climate Smart Cities Assessment Framework (CSCAF) 2.0.
The Climate Centre for Cities under National Institute of Urban Affairs (NIUA) will implement the program. It aims to provide a plan for cities to combat Climate Change while implementing their actions. He also launched a pedestrian-friendly program ‘Streets for People Challenge’.

Notes:
The World Health Organization (WHO) recently released a report titled Countdown to 2023: WHO report on global trans-fat elimination 2020.
As per the report, more than 100 countries have to take actions to remove harmful substances from their food supplies. Due to consumption of trans fats, 5 lakh deaths per year is estimated due to coronary heart disease.

Notes:
The Government of India has set up a Panel for assessment of relief to borrowers.
It is a 3-member panel headed by Rajiv Mehrishi, who is the former Comptroller and Auditor General of India. The panel will measure the impact of the pandemic related restrictions on Indian economy and also study the viability of waiving interest on interest on the pandemic-related moratorium.

Notes:
Union Labour and employment minister Santosh Gangwar represented India in the virtual Meeting of Labour and Employment Ministers of G-20 nations.
The G20 meet focussed on the G20 Youth Roadmap 2025 and discussed measures to curb the impact of Covid-19 on the Labour market. The meet also identified indicators relating to youth for the first time.

Notes:
Jammu & Kashmir has announced the commencement of a public grievance redressal system named JK i-grams.
It stands for Jammu and Kashmir integrated grievance redress and monitoring system. The system is started on a pilot basis in Srinagar, Jammu and in Reasi. By 2nd October, the state is expected to include all villages in the system.

Notes:
The Governor of the costal State of Louisiana, United States has declared a state of emergency on account of the tropical Storm Sally.
The storm is expected to strengthen to a hurricane and will weaken back to a tropical storm while moving inland over Louisiana.

Notes:
According to the Asian Development Bank, Asia’s economy will contract for the first time since the early 1960s.
The bank had earlier projected that the GDP would grow by 0.1 per cent. Now, it is estimated that Asia’s GDP would decline by 0.7 per cent in 2020 and would increase to 7.7 per cent in 2021. It also highlighted that the GD in India would contract by 9% this year.